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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Comment by Anschutzon Mar 24, 2021 11:01pm
108 Views
Post# 32873019

RE:RE:RE:RE:Craigy its time to increase the dividend

RE:RE:RE:RE:Craigy its time to increase the dividendYes.. yes... the market will surely pay more for shares if insiders continue to make out like bandits with the highest salaries/bonuses in the sector; the company cancels shares (only to offset what they gift to themselves); the company pays down debt (only to then go and buy something else and incur more debt); the company gives money to communities; all while shareholders have been decimated; had their dividend stolen by management and are left sitting on the sidelines.  Yes surely this must be the way.  NOT! 

It's F'n time management starts doing something for shareholders.  If management is going to give money away to communities, I certainly hope they are taking a cut to their salaries and bonuses to offset.  Enough already.  Time to start putting shareholders first!

TheBridge wrote: If the price of crude stays up and they continue paying down their debt then they could like start considering increasing the dividend next year. The market will reward them if they continue to reduce debt and when the dividend is increased they'll be rewarded a second time.


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